What is a 'professional client'? Definition & meaning

More terms

Internal Rate of Return (IRR)

A means of calculating the potential future return on an investment.

Running yield

The annual interest payment (dividend) divided by the current market price of a bond.

Volatility

A measure of how much the prices of an asset or index vary over time.

Interest Rate

The amount a lender charges for lending your money, or a borrower pays you for borrowing your money.

Earnings per share

We look at what earnings per share mean and how to calculate it

Annualised Rate of Return

The average annual return an investor sees over a set period of time.

Coupon

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.

Clean price

The quoted price of a gilt, which excludes accrued interest

Profit and Loss Statement (P&L)

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.

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Professional Client